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Dems eye oil profits

2026-10-28

Global Conflicts Spur Historic Comeback for Oil Refining Profits

Geopolitical conflicts have slashed global refining capacity, driving margins to record highs and sparking a historic profit comeback for major oil refiners like ExxonMobil and Shell. Analysts predict

bloomberg · 2026-10-28 07:48 UTC

2026-08-04

Big Oil’s Soaring Profits in Democrats’ Sights If House Flips

US Democrats intend to scrutinize soaring oil profits if they take the House, targeting ExxonMobil and Chevron after reporting $29 billion in combined second-quarter earnings amidst geopolitical tensi

bloomberg · 2026-08-04 08:42 UTC

Dems eye oil profits

Global Conflicts Spur Historic Comeback for Oil Refining Profits

Big Oil’s Soaring Profits in Democrats’ Sights If House Flips

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